The yield on the US 10-year Treasury note continued to rise for a fourth consecutive session at the start of the final quarter of the year, reaching 5.33%, its highest level since early 2002. Meanwhile, the yield on the 2-year Treasury note, which is more sensitive to expectations for near-term Federal Reserve policy, rose to […]
Italy’s 10-year BTP yield surged past 4.70%, reaching fresh three-year highs, as a deepening energy shock strengthened expectations of further ECB rate hikes. Following higher-than-expected inflation across major euro-area economies, markets are pricing in a third ECB rate hike by year-end and at least three hikes in 2027, pushing borrowing costs higher. Concerns over debt […]
Growth in the eurozone’s industrial sector unexpectedly accelerated in September to its fastest pace in more than four years, driven by strong demand for capital goods. Upward trends are also evident in key European economies, although rising inflationary pressures and falling demand for consumer goods are raising concerns about the next steps central banks will […]
Key takeaways Key Releases from the Asian Session Macroeconomic Calendar Corporate Earnings Markets to Watch USDJPY: Technical Analysis (D1) The pair is defending the support zone at the 38.2% Fibonacci retracement level (157.15) of the entire downward movement from 164.07 to 152.87. The reaction is visible as the price rebounds and returns to 158.32, right […]
The UK Nationwide House Price Index rose 0.8% year-on-year in September 2026, easing from a 1.6% increase in August and below the estimated 1.3% rise. It marked the lowest reading since December 2025. Nationwide Chief Economist Robert Gardner said market activity and house prices have remained subdued in recent months, partly reflecting the uncertain economic […]
India’s HSBC Manufacturing PMI rose to 55.1 in September 2026 from 52.8 in August, revised down from a preliminary estimate of 55.7, but marking the strongest improvement in the sector’s health in seven months. New orders increased at their fastest pace in seven months, while output growth accelerated to a four-month high, supported by firmer […]
Indonesia’s annual inflation rose to 3.28% in September 2026 from 3.19% in the previous month, roughly in line with market expectations of 3.3%. It marked the highest reading since June while remaining within Bank Indonesia’s 1-1/2%-3-1/2% target range. Food inflation hit a three-month peak (4.37% vs 3.86% in August), reflecting the persistent impact of El […]
Australia’s external trade position is showing stronger export momentum, but the Australian dollar faces a more complicated signal as record imports absorb much of the improvement. Exports climbed 3.7% month-on-month to AUD 47.43 billion in August, reaching a 41-month high, with non-monetary gold and coal providing significant support. At the same time, imports jumped 5.8% […]
The US 10-year Treasury yield traded near 5.3% on Thursday, while the 30-year yield stood around 5.64%, with both reaching their highest levels since 2002 amid concerns that persistent energy-driven inflation could prompt tighter monetary policy. Deteriorating fiscal conditions, growing US government debt and weaker-than-expected bond buybacks have also weighed on the Treasury market in […]
Japan’s 10-year government bond yield climbed to around 3.1% on Thursday, returning to 30-year highs as strong economic data and hawkish signals from the Bank of Japan reinforced expectations for a faster pace of policy tightening. Central bank data showed manufacturing sentiment improved in the third quarter to its highest level in more than eight […]